Local Turkish rebar spot prices increase slightly again

Thursday, 10 October 2019 16:58:59 (GMT+3)   |   Istanbul
       

Domestic rebar spot prices in Turkey have increased slightly today, October 10, due to the depreciation of the Turkish lira against the US dollar. Meanwhile, today, Turkish mill Icdas has increased its 12-32 mm by TRY 17/mt rebar prices standing at TRY 2,415/mt ($410/mt) ex-works, while Izmir Demir Celik has kept its price 12-32 mm rebar prices at TRY 2,415/mt ($410/mt) ex-works both excluding VAT. 

As of today, rebar offers in the Turkish spot market are as follows: 

Region

Dimension

Price (TRY/mt)

Price ($/mt)

Price changes (TRY/mt)

Price changes ($/mt)

09.10.2019

09.10.2019

Marmara

8 mm

2,415

410

+34

+1

Marmara

12 mm

2,398

407

+34

+1

Iskenderun

8 mm

2,466

419

+25

0

Iskenderun

10 mm

2,453

417

+25

0

Iskenderun

12 mm

2,441

414

+26

-1

Izmir

8 mm

2,415

410

+25

-1

Izmir

10 mm

2,407

409

+26

0

Izmir

12 mm

2,398

407

+25

-1

Karabuk

8 mm

2,390

406

+34

+1

Karabuk

12 mm

2,373

403

+34

+1

All prices are ex-warehouse and on actual weight basis and exclude 18 percent VAT. 

$1 = TRY 5.89


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